Oregon plans to price $750 million short-term state tax anticipation notes

By Cristal Cody

Springdale, Ark., May 16 - Oregon intends to price $750 million short-term state tax anticipation notes on June 23, the issuer said Friday.

The series 2008A notes mature in about 11½ months, said Larry Groth, assistant director for the state's debt division.

Bank of America is the senior manager of the negotiated sale. Citigroup Global Markets is a co-manager.

Proceeds will be used for cash flow management.

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